Surge In Remittance Inflows Brightens Naira’s Outlook

Clearly, a major highlight of the latest report released by Financial Derivatives Company (FDC) Limited is the firm’s prediction that the naira is likely to strengthen to N1,450/$1 and N1,893/£1 at Christmas. The Bismarck Rewane-led firm, however, said its prediction coming true would depend on factors, such as interest rates staying high, the money markets...The post Surge In Remittance Inflows Brightens Naira’s Outlook first appeared on New Telegraph.The post Surge In Remittance Inflows Brightens Naira’s Outlook appeared first on New Telegraph.

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